Chinese investors ditch property for jade in search of higher returns

Sell-offs in Chinese equities and bonds and widespread defaults in the country’s property market are driving wealthy investors to re-examine one of Asia’s most traditional forms of investment: jadeite.

A coup in Myanmar, US sanctions and the Covid-19 pandemic have all but frozen supplies of the uncut stone, sending prices of finished jewellery bearing jadeite soaring.

Myanmar produces 70 to 90 per cent of the world’s supply of high-quality jadeite, which is the rarer and more valuable of two chemically distinct stones collectively known as jade. The stone is overwhelmingly sold to buyers in China and south-east Asia.

“The production [of jadeite] is getting less and less,” said Tommy Chan, a Hong Kong business owner who recently started purchasing less expensive jadeite jewellery pieces worth HK$80,000 to HK$200,000 (US$10,200 to US$25,500). “The value of jadeite will definitely go up.”

China’s equity indices have taken a hammering this year as traders fretted over the country’s strict adherence to its zero-Covid policy and a spat between regulators in Beijing and the US. The country’s benchmark CSI 300 is down more than 15 per cent year to date, while Hong Kong’s Hang Seng index has shed 13 per cent.

China’s corporate bond market has also been rocked by a wave of defaults in the property sector, while house prices, a driver of wealth for decades, have declined for 10 straight months after policymakers last year sought to limit debt levels at developers and restrict mortgage lending.

“Investors have to consider how to diversify,” said Will Wang, head of client solutions and Asia strategic partnerships at VP Wealth Management, the Hong Kong unit of the Liechtenstein-based private bank. “Many investors will see jade and jadeite . . . as part of their asset allocation.”

An artisan displays a piece of carved jade for a photograph in a workshop at the Mandalay Jade Market in Myanmar
Carved jade in a workshop in Myanmar. The
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Herbal Beauty Products Market is Rising Due to Growing Preference for Affordable and Organic Beauty Products Among Men and Women

The global herbal beauty products market  will grow at approximately 6.1% CAGR between 2021 and 2031. The target market nearly holds ~5.9% share in the overall beauty products industry

Because more people are becoming aware of the advantages of using herbal substances in beauty products, this preference is growing. Because synthetic cosmetics and skincare products include hazardous substances and chemicals that are known to have detrimental effects and cause a variety of skin disorders, people are turning more and more to herbal beauty.

Furthermore, thanks to commercials and other promotional activities on social media platforms like Instagram, Facebook, and Youtube, people are now more aware of the advantages of using herbal beauty products. These advertisements frequently highlight how using herbal beauty products can improve the tone, texture, and look of the skin.

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Key Takeaways from the Herbal Beauty Products Market Study

  • Based on consumer orientation, the global herbal beauty products market is segmented into adults and kids. The adult segment is estimated to account for the largest share by 2021 end.
  • China will emerge as a highly lucrative market for herbal beauty products in East Asia.
  • The U.S. will record the highest sales of herbal beauty products in North America.
  • Backed by presence of a well-established beauty industry, the sales of herbal beauty products will pick up pace in the I.K.
  • Supermarkets are expected to remain the preferred distribution channel for herbal beauty products. However, the sales via online platforms are expected to catch up soon.

 “Players currently operating in the market are focusing on innovations to expand their portolfio. Some are even targeting specific skin problems to carve a niche amidst soaring competition. Meanwhile, leading brands are expanding their availability across e-commerce platforms to gain competitive edge,” said a FMI analyst.

Impact of

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